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860 Winter Street

Updated Sep 8, 2026

Owen D. Thomas Of BXP Acquires Two Office Buildings In Waltham For $30 Million
SOLDOffice

Owen D. Thomas Of BXP Acquires Two Office Buildings In Waltham For $30 Million

860 Winter Street & 870 Winter Street

$30,000,000

Building Size

Asset Type

Office

Closing

Sep 3, 2026

About this deal

AI

BXP acquired two office buildings located at 860 Winter Street and 870 Winter Street in Waltham, MA. The total sale price for both properties was $30 million, with 860 Winter Street purchased for $17 million and 870 Winter Street for $13 million.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $30,000,000
  • Buyer: Owen D. Thomas
  • Agency: BXP
  • Address: 860 Winter Street & 870 Winter Street
  • Market: Waltham, MA

This transaction involved Owen D. Thomas representing BXP in the acquisition of the properties at Bay Colony office park. The deal highlights the strategic investment in the Waltham office market, reflecting a focused effort by BXP to enhance their portfolio in the region.

Players

Owen D. Thomas

Broker

$3.3B

vol

23 deals

Broker

Owen D. Thomas

BXP

Buyer

$3.3B

vol

23 deals

Buyer

Winter Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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